ACQ2 by Acquired
The Space Industry in 2024, and How to Build a Satellite Company
May 24, 2024
Austin Link, co-founder and CEO of Starfish Space, shares his insights into the booming space industry of 2024. He discusses how lower launch costs are enabling startups to thrive and the innovative satellite servicing technology his company is developing. The Otter, an autonomous spacecraft, can dock with and reposition aging satellites, significantly extending their lifespans. Austin also delves into the importance of navigating government contracts and the need for a diverse workforce, highlighting the exciting future of space exploration.
01:19:26
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Quick takeaways
- Space industry offers diverse value propositions, from satellite services to observation missions.
- Recent technological advancements revolutionize space operations, driving cost reductions and novel capabilities.
Deep dives
The Diverse Value Propositions of Space Activities
Space activities today offer a diverse range of value propositions, from commercial services like satellite TV, radio, and internet, to observation missions with scientific objectives such as the James Webb telescope. Commercially, emerging markets like satellite internet are gaining prominence, exemplified by companies like Starlink. Additionally, support for government initiatives, like NASA and Space Force, plays a key role in the space ecosystem.
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